All posts tagged Kearl oil sands

Royal Bank of Canada posted an 11% improvement in its quarterly profit, slightly ahead of analyst expectations, though lower earnings in its capital-markets division weighed on stronger results in other segments.

Imperial Oil Ltd. said Tuesday it has restarted production at the Kearl oil sands mine in northern Alberta after halting operations last month due to a mechanical problem. It said production has returned to “pre-shutdown levels.” Read More »

Imperial Oil Ltd. has shut down its Kearl oil sands operation in northern Alberta for “several weeks” due to a problem in its core processing plant. It said a vibration was detected at Kearl’s core ore-crushing machinery, requiring it to install replacement parts.

Gold miner Iamgold Corp. said it will slash the size of its executive team by 40%, scale back expansion and development projects and withdrawn certain corporate memberships in a bid to shave costs in the wake of slumping gold prices. Read More »

BlackBerry Ltd., in a surprise move, said late Tuesday it is ending its licensing agreement with U.S. carrier T-Mobile Inc., saying their strategies “are not complementary.”

Fertilizer maker Agrium Ltd. warned it expects first-quarter earnings per share to be “just above” breakeven, hurt by a late start to the spring planting season and reduced rail availability. Read More »

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